Pronghorn Corp closes its books on its July 31 year-end. The company does not make entries to accrue for interest except at its year-end. On June 30, the Notes Receivable account balance is $25,600. Notes Receivable include the following. Date Maker Face Value Term Maturity Date Interest Rate April 21 Coote Inc. 8% $4,000 90 days 7,200 60 days July 20 July 24 May 25 Brady Co. 10% June 30 BMG Corp. 14,400 6 months December 31 6% During July, the following transactions were completed. July 5 Made sales of $4,730 on Pronghorn Corp credit cards. 14 Made sales of $400 on Visa credit cards. The credit card service charge is 5%. 20 Received payment in full from Coote Inc. on the amount due. 24 Received payment in full from Brady Co. on the amount due. Your answer is partially correct. Enter the balances at July 1 in the receivable accounts and post the entries to all of the receivable accounts entries posted in the previous part.) Notes Receivable 7/1 Bal. 25600 7/20 4000 7/24 7200 7131Bal. O 25600 7/ 31 1 11200 1 Accounts Receivable 7/5 4730 7/31 Bal. 4730 7/31 4730 Interest Receivable 7/31 7/31 Bal 72 | 7/31 7/31 M 192 Show the balance sheet presentation of the receivable accounts at July 31. Pronghorn Corp Balance Sheet (Partial) July 31, 2018 Current Assets Notes Receivable 14400 Accounts Receivable 4730 Interest Receivable 72 Total Receivables 19582